The Upper Crust is Rising

High Net Worth Individuals (HNWI) grew last year, globally, by 13%.  Their wealth grew 16% to $31.5 Trillion. In a recently released white paper report by Luxury Portfolio International, 38% surveyed HNWI plan to purchase in the next three years. Only 23%, however, plan on selling.  Some highlights of the white paper are:

·         Purchasing a home ranks as the most obvious indicator of success worldwide.

·         Real estate is seen as a smart financial investment and driver of personal wealth.

·         HNWI’s are more likely to say the “physical space” is the most important factor in the buying decision.

If you’d like to get a copy of the white paper from LPI, CLICK HERE.